US Politics & Business News
The U.S. labor market stumbled badly in September, producing far fewer jobs than economists had anticipated and raising fresh questions about the economy’s momentum. Nonfarm payrolls rose a seasonally adjusted 29,000 for the month, well short of the 84,000 gain that economists surveyed by Dow Jones had forecast heading into the report. The unemployment rate…
Rep. Marie Gluesenkamp Perez (D-Wash.) has pulled a piece of campaign merchandise inspired by the popular nicotine pouch brand Zyn after its parent company reportedly demanded she stop selling it. The congresswoman originally added a puck-shaped storage tin labeled “GLUE-ZYN-KAMP” to her campaign’s online storefront in early September, drawing on the recognizable packaging of the…
A fresh Falcon 9 rideshare mission has ignited a broad rally across the space sector, with launch providers capturing the sharpest gains in early trading. SpaceX (NASDAQ: SPCX) shares are trading at $156.76, up 6% in early trading following the successful deployment of payloads on another rideshare flight. Rocket Lab (NASDAQ: RKLB) is outpacing SpaceX…
RTX secured a major new missile contract worth billions of dollars, yet the company’s stock has shown virtually no positive reaction to the news. The defense giant’s shares slipped 0.18% even as the broader S&P 500 climbed 0.73%, highlighting a clear disconnect between business wins and market performance. Investors and analysts are asking a pointed…
Women have outnumbered men in the U.S. workforce for eight straight months as of September, the longest such streak in over fifteen years. That finding comes from an analysis of government data conducted by Indeed, the job search platform, which tracked the persistent gender gap through the latest reporting period. “Back then, the gap emerged…
The Group of Seven major economies has agreed to release 100 million barrels of crude oil and fuel from emergency reserves over four months to ease soaring prices. The coordinated release follows significant pressure from President Donald Trump, who pushed allies to act quickly on rising fuel costs hitting American consumers. Trump spoke overnight with…
AST SpaceMobile (ASTS) is heading toward its worst weekly performance in over a month after B. Riley issued a significant downgrade on Friday, citing growing competitive threats. B. Riley downgraded ASTS to ‘Neutral’ from ‘Buy’ and cut its price target to $65 from $85, a reduction of more than 20% from its previous target. Despite…
Global defense spending is climbing sharply, driven by active conflicts, depleted weapons stockpiles, and surging government budgets across multiple nations. The 2027 National Defense Authorization Act proposes $1.1 trillion in U.S. defense and national security funding, a figure that could grow even larger. A separate $350 billion reconciliation package could push total American defense spending…
Representative Valerie Foushee of North Carolina has emerged as a key figure shaping how Democrats approach artificial intelligence policy heading into the 2026 midterms. Foushee, along with Representatives Josh Gottheimer of New Jersey and Ted Lieu of California, co-chairs the House Democratic Commission on AI, giving the trio significant influence over the party’s tech positioning….
President Donald Trump made unusually candid remarks about his own Senate endorsee Ken Paxton during multiple campaign stops across Texas and Oklahoma. Trump acknowledged that Paxton, the former Texas attorney general now running for the state’s open Senate seat, was “a little controversial,” a striking admission about a candidate he is actively supporting. The comments…